3 Steps To A Deal Flow Machine

There are a lot of similarities between Fishing and home warranties Investing. You are always looking to find the Big Ones without wearing yourself out.

I personally prefer fly fishing with flies I tied myself - a gentle, quiet sport.

Stop for a second on the river and you will see that the big fish aren't the ones you see splashing on the surface, eating flies.

The biggest fish don't spend that much energy. They like to be served their dinner in a more quiet fashion.

Polarized sunglasses will let you see the really big fish sitting quietly behind each rock and stump on the bottom of the stream.

They park themselves behind the obstructions waiting for dinner to come to them. When a bug floats by it just takes a little turn of the head to grab their dinner and settle back in.

The secret to being a home warranties Big Fish is to set yourself up so that the Flow brings profitable projects right to your desk.

It's called Deal Flow ... when you see multiple profitable projects flowing by your eyes every day.

Just like the big trout, you grab them as they flow across your desk and keep only the big juicy ones. You can set this up so that it happens automatically in just three steps.

Step 1) Get Crystal Clear on Your Goals

Take a moment and decide ... what are your goals for your Investments and Net Worth for the next year.

- How many home warranties do you want to buy?

- How many deals do you want to do and what dollar amount?

- How much do you want to add to your net worth?

Once you have the answers and you are absolutely clear on what you are looking for move on to step two.

Step 2) Constructing Your Network

Shout it out. Tell your goals to EVERYONE you know. Especially people who have a business reason to help you.

The more people who know your goals, the more people who can help you reach them. You know, people really do love to help and I will go so far as to guarantee you this...

If you aren't seeing enough profitable deals flowing to you right now it is only because not enough people know your goals and what you are looking for.

The Size Of Your Network Is The Key. So Let's Power it Up

Make an actual plan to build your network with the kind of contacts you know will get you to your goals.

Go through your contact list and pick

- half a dozen Agents and Brokers

- A Title Company or three

- Your favorite home warranties Lawyers

- home warranties Brokers

- Book keepers and a CPAs

- A couple of Appraisers

- home warranty Managers

- Bankers

- 1031 Exchange Agents and more

Write down anyone and everyone who would benefit by helping you reach your home warranties Goals and then call each one up and tell them exactly what you are up to. Let them know your goals, straight up.

Leave them your business card and make sure you keep in contact every several months to stay in touch.

Now let's put it into high gear.

Step 3) Put Energy in BEFORE You Expect a Return

As you are building your Network remember to make it work in both directions. You give time and support to the people in the Network and they will do the same for you. That's how you get the Deal Flow started.

The Key? Give others what they want and they will give you what you want.

Ask the people in your Network what THEIR goals are and when you get a chance to help them get there ... do it.

Let's say you are looking for a retail strip and a member of your Network is hunting for office space ... and then you run across a smokin' office deal ... tell them. What will happen is that same person will turn you on to a perfect retail deal soon enough.

These three steps are the key - it is that simple

1) Know Your Goals

2) Create A Network And Tell Them All

3) Help Your Network Reach Their Goals

Remember the big trout at the bottom of the stream. The current brought the food right to them. Your Network will do the exact same thing. Your Network is your current.

If you pursue this course steadily, diligently, patiently for a few short months, you will establish your own Deal Flow that will last as long as you want it too.

You will soon be able to sit back like a Big Fish and just watch the deals come across your desk grabbing only the meaty ones to take on.